Public sector giant plans to invest between $3 billion and $4 billion during ongoing financial year, mostly on offshore ...

In a brief statement on Thursday, Borr did not disclose the reasons for the temporary suspension just saying the move affects its jack-up rigs Galar, Gersemi and Grid, which are chartered to Pemex ...

The move is expected to bolster Indian shipyards' capabilities in manufacturing advanced offshore rigs. Offshore drilling rigs have not been built in India since 1990, when two jack-up rigs and ...

Borr Drilling was the largest detractor from performance in 2024. Why did my conviction in this investment increase? Why did ...

The difference is that Valaris operates a larger fleet of 53 rigs, which include drillships, jack-up rigs, and semi-submersible platform drilling rigs. Jack-up rigs, also known as mobile offshore ...

International Maritime Industries (IMI), a maritime construction and repair company and the largest maritime facility in the Mena region, has commenced construction of a new offshore jack-up rig, ...

HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill Limited ("Seadrill" or the "Company") (NYSE: SDRL) today announced that it has completed the sale of the jack-up rig West Prospero for cash proceeds of ...

Mohamed Hegazi, Chief Executive Officer of ARO Drilling, said: “As we move forward with the ... Khair will enable IMI to build up to six jack-up drilling rigs, 25 offshore support vessels ...